article thumbnail

Why EVs Aren't a Climate Change Panacea

Cars That Think

must cease by 2038 at the latest, according to research company BloombergNEF (BNEF). Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climate change? The San Diego backlash over a mileage tax may be just the beginning. For the U.S.

article thumbnail

CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. passenger travel demand. —Bruchon et al.

Tax 199
article thumbnail

Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

Green Car Congress

To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

article thumbnail

Cummins to acquire Meritor in $3.7B deal

Green Car Congress

Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. The integration of Meritor’s people, technology and capabilities will position Cummins as one of the few companies able to provide integrated powertrain solutions across combustion and electric power applications.

article thumbnail

Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

article thumbnail

Exxon/Mobil Guilty of Climate Change Coverup. Now Ordered Out of Torrance 3 Years Sooner.

Creative Greenius

But now that I’ve found out they’re still lying and covering up their role in climate change and the size of their own carbon footprint, I’m going to have to get tougher with them. Company records show that ExxonMobil handed over hundreds of thousands of pounds to such lobby groups in 2008.